Term
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Definition
| process of starting and operating your own business |
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Term
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Definition
| people who create, launch, organize, and mange a new business and take the risk of business ownership. |
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Term
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Definition
| process of starting and operating your own business |
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Term
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Definition
| people who create, launch, organize, and mange a new business and take the risk of business ownership. |
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Term
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Definition
| a legal agreement to sell a parent company's product or services in a designated geographic area. |
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Term
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Definition
| a business that is owned and operated by one person. |
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Term
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Definition
| the owners' financial liability is not limited to investments in the business. |
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Term
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Definition
| a sign or piece of information that indicates something. |
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Term
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Definition
| a person who is paid to help with menial tasks such as cleaning. |
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Term
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Definition
| a legal agreement between two or more people jointly responsible for the success or failure of a business |
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Term
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Definition
| each partner shares in the profits and losses |
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Term
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Definition
| liable for any debts only up to the amount of his or her investment in a company. |
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Term
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Definition
| personal assets of the owners cannot be taken if a company does not meet its financial obligations or if it gets into legal trouble. |
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Term
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Definition
| a legal entity created by either a state or federal statue, authorizing individuals to operate an enterprise. |
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Term
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Definition
| the owners of a corporation and have limited liability. |
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Term
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Definition
| one that is incorporated under the laws of a state that differs from the one in which it does business. |
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Term
| limited liability company |
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Definition
| a relativity new form of business organization that is a hybrid of a partnership and a corporation. |
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Term
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Definition
| the registration by which the country government officially recognizes that a new proprietorship or partnership exists. |
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Term
| Articles of incorporation |
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Definition
| identify the name and address of a new corporation, its purpose, and the names of the initial directors. |
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Term
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Definition
| a group of people living in the same place or having a particular characteristic in common. |
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Term
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Definition
| differ in size, amount, degree, or nature from something else of the same general class. |
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